Cabazon, California Property Taxes
The median property tax rate in Cabazon, CA is 1.45%, considerably higher than both the national median of 0.99% and the California state median of 1.21%. With the median home value in Cabazon at $75,895, the typical annual property tax bill reaches $1,044, exceeding the national median of $2,690. Property taxes in Cabazon are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Cabazon's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Cabazon or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Cabazon, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$1,100
$1,021
Ownwell’s Cabazon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cabazon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cabazon to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Cabazon, California
Property taxes in Cabazon, California, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cabazon is 1.45%, significantly higher than the U.S. national median of 0.99%. Local government entities within Cabazon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cabazon estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Cabazon's effective property tax rate to other counties in California and the national median. For comparison, the zip code 92230 has the highest median property tax rate of 1.45%, while the same zip code also has the lowest median tax rate of 1.45%. Understanding how these cities compare with Cabazon provides valuable insights into the varying tax landscape across Riverside County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Cabazon Tax Rate
1.45%
Average Riverside County Tax Rate
1.26%
Average California Tax Rate
1.21%
Average United States Tax Rate
0.99%
Property Tax Rates Across Cabazon, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92230 | 1.27% | 1.37% | 1.45% | 1.68% | 2.04% |
Source: Ownwell
Property Tax Assessment Values Across Cabazon, California
In Cabazon, California, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Riverside County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Cabazon, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Cabazon is $75,895, with tax bills ranging from $490 at the 25th percentile to $3,278 at the 90th percentile. The zip code 92230 has the highest and lowest median tax bill of $1,044. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Cabazon Assessed Value
$75,895
Average Riverside County Assessed Value
$321,125
Average California Assessed Value
$378,421
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Cabazon, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92230 | $15,304 | $30,000 | $75,895 | $157,676 | $252,280 |
Source: Ownwell
Property Tax Bills Across Cabazon, California
In Cabazon, property tax bills are calculated based on the assessed value of the property, which is typically determined by the Riverside County Assessor. The assessed value is usually a percentage of the market value of the property. Once the assessed value is established, the local property tax rate is applied to calculate the annual tax bill. Several factors influence the final tax bill, including property location, market conditions, and any applicable exemptions or deductions. For instance, the median home price in Cabazon is $75,895, and the tax bill can range significantly. Homeowners at the 25th percentile pay around $490, while those at the 75th percentile face a tax bill of approximately $2,036. The 90th percentile tax bill can reach up to $3,278. These property taxes can have a substantial impact on homeowners, affecting their overall financial planning and the affordability of owning a home in the area. Compared to the national median property tax rate of 0.99%, the rates in Cabazon can vary widely, influencing the cost of living in this Riverside County city.
Average Cabazon Tax Bill
$1,044
Average Riverside County Tax Bill
$4,079
Average California Tax Bill
$4,683
Average United States Tax Bill
$2,690
Property Tax Bills Across Cabazon, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 92230 | $290 | $490 | $1,044 | $2,036 | $3,278 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | November 30 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | December 10 |
| Due Date #2 | April 10 |
Links | |
|---|---|
| Riverside Tax Assessor | |
| Website | ca-riverside-acr.publicaccessnow.com |